A 2026 QUESTIONS ANSWERS FULL
SOLUTION GUIDE VERIFIED
PREPARATION GRADED A+
⩥ Which of the following is a requirement for a joint venture? Answer:
Either the joint venture or each contracting party of the joint venture
must be licensed.
⩥ The application for licensure MUST include Answer: the business
address of the proposed designated employee.
⩥ All Class A contractor licensure applications MUST include Answer:
information on the knowledge, skills, and abilities of the applicant.
⩥ When a claimant is paid funds from the Contractors Recovery Trust
Fund Answer: the contractor's license is revoked.
⩥ All of the following must be licensed EXCEPT Answer: a material
supplier who advises a contractor.
⩥ What is the PRIMARY purpose of licensing? Answer: Protect the
health and welfare of the public.